Political Quotes

John Sherman: “By the wise providence of Congress, we had reserved the right of redeeming a portion of this debt within five years, and…”

On the record
By the wise providence of Congress, we had reserved the right of redeeming a portion of this debt within five years, and a portion of it within ten years, so that the debt was, in the main, then redeemable at our pleasure.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman explains Congress's provision for redeeming portions of the national debt, highlighting fiscal responsibility.

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